Jun
3
2011

Increase In Bank Sub-investment Grade Derivatives Reveal A Need For Gold Insurance

The financial crisis started with banks getting burned in the derivatives market. Then TARP was manipulated to help banks get cash. Next came the Federal Accounting Standards Board (FASB) allowing banks to mark to model (fantasy) their real estate assets (cheat). And now we have come full circle once again as banks own more sub-investment grade derivatives today than at …

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Mar
25
2011

The Lender of Last Resort Isn’t the Fed or ECB, It’s YOU!

Banks always are bailed out by the government or the Fed and in Europe’s case, the equivalent of the Fed, the European Central Bank (ECB). The ECB is who is keeping Portugal’s banks afloat. But it’s also the IMF who likes to stick their greedy fingers into the pie, just as they have in many other countries, like Jamaica for …

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Feb
14
2011

Many Financial Advisors Still Ignorant of Gold’s Place In A Diversified Portfolio Part 1

What the financial services industry did was take the stable asset of gold and tried to replace it with the U.S. dollar. The financial advisors were led to believe that the U.S. dollar is a “risk free” asset, when throughout history, only gold has never gone to zero in value.

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Dec
29
2010

The Reason Harvard Students Are Ignorant Of Silver Value Today

From grade school on to the university level of teaching, there are no basic requirements that explain to students what gold or silver represent in society, either from a monetary or historic basis.

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Oct
8
2010

The Real Reason Bank of America Halts Foreclosure In 50 States – They’re Broke!

Many of the top banks in America are experiencing financial difficulties as well as the smaller ones. Bank of America has 454 billion of sub-investment grade derivatives coming due in the next 1-5 years. JP Morgan over 1.5 trillion.

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Oct
7
2010

Bernanke Has Everyone Fooled With "Talk" Of More Fed Quantitative Easing

The interesting thing to me is people still believe Bernanke at his word. But what would be the consequence of even more quantitative easing? It would be disastrous to the economy and the U.S. dollar. So why not accomplish what he wants to occur without doing anything?

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Oct
4
2010

Why Should Anyone Believe Bernanke When He Says "We’re Not Out of Ammo?"

What they do with these types of statements is try to convince people they are in control. But it is just the words they think that will move markets, not actual policy. In other words, they think that just by mentioning something, it is gospel….and so the people and markets will react accordingly, accomplishing their goals.

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